ECON 4331W Assignment: Impact of Cell Phones on Economic Growth

This report, authored by Shing Hin Tam, investigates the relationship between cell phone usage and economic growth, focusing on the impact of mobile technologies such as 3G and 4G. The study explores how increased mobile penetration and data services influence GDP per capita, particularly in developing countries. The author reviews relevant literature, formulates a theoretical framework, and prepares data from sources like the Penn World Table and World Development Indicators. The analysis employs econometric models, including OLS regression, to examine the correlation between cell phone usage and economic growth, considering factors like online shopping and data consumption. The report includes data preparation steps, estimation techniques, and results, offering insights into how mobile technology advancements affect various sectors, including health, education, tourism, and banking. The report concludes by emphasizing the significance of mobile services for enhancing economic growth and productivity.